£120,294
This estimated value is based upon the latest sale price for the house of £82,000 on 23 Jan 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near B4142
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| Price Paid | Date |
|---|---|
| £82,000 | 23 Jan 2015 |
| £109,000 | 2 Mar 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in January 2015 the House Price Index for WEST MIDLANDS was 100.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 46.700%.Applying this 46.700% change to the original purchase price of £82,000 results in an estimated price of approximately £120,294.
| 23 Jan 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 146.7 | 46.700 % | £82,000 | £38,294 | £120,294 |
The Postcode Pricing Model uses changes in average sales price within the B23 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 121.193 % | £99,377 | £181,377 |
| 3 Month Average | 69.276 % | £56,806 | £138,806 |
| 6 Month Average | 53.520 % | £43,886 | £125,886 |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 30 Sep 2014.
The average size of a house on GRAVELLY LANE is 78 sq meters (844 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near B4142 |
| Mar 2024 | Burglary | Under investigation | On or near B4142 |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B4142 |
| Mar 2024 | Anti-social behaviour | On or near B4142 | |
| Feb 2024 | Anti-social behaviour | On or near B4142 |